West Bromwich’s Tracker Rate Victory Could Cost £2,000 million

Incredibly, two weeks ago,  the West Bromwich Building Society won a case in the High Court allowing it to increase margins on tracker rate mortgages, despite their being no increase in the Bank of England base rate, says David Lawrenson of LettingFocus.com. This has huge implications for all mortgage borrowers with a potential cost up to £2,000 million per annum in […]

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Mortgage Tracker Rates Open Letter to Andrew Tyrie MP

In this letter to Andrew Tyrie MP I ask him to take action to stop mortgage lenders cheating their buy to let Bank of England (BOE) mortgage tracker rate customers by invoking small print terms in separate documents that were never meant to apply to BOE tracker loans. I have highlighted this by illustrating from my own personal experience with […]

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